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Perton House Prices

The average house price in Perton is £157,625 using HM Land Registry data.

The average property price increased by £73,142 (37.98%) over the last 5 years and increased by £14,621 (5.82%) over the last 12 months.

Over the last year, there were 82 residential property sales – a decrease of 53 transactions (-64.63%) relative to the previous year. The majority of house sales (24) were in the £230,000 - £280,000 range. Then came properties in the £180,000 - £230,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion).

In Oct 24, there were 16 new estate agency instructions, 15 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in Perton

37.98%

Property prices in Perton increased by 37.98% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Perton Over the Last Year

5.82%

Property prices in Perton increased by 5.82% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Perton - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Perton

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Perton

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Perton

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Perton since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Perton area since 1995.

Recent Property Sales in Perton

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
42 Gainsborough Drive, Wolverhampton, Staffordshire, WV6 7NR	£299,950	£294,000	-£5,950	24 Jan 2024	28 Jun 2024	156 Days
15 Cornovian Close, Perton, Wolverhampton, Staffordshire, WV6 7NU	£280,000	£270,000	-£10,000	24 Jan 2024	17 Jun 2024	145 Days
33 Mercia Drive, Perton, Wolverhampton, Staffordshire, WV6 7NE	£239,950	£239,950	£00	21 Mar 2024	31 May 2024	71 Days
1 Bodiam Court, Wolverhampton, Staffordshire, WV6 7UX	£307,500	£280,000	-£27,500	11 Jan 2024	15 May 2024	125 Days
3 Broughton Court, Perton, Wolverhampton, Staffordshire, WV6 7RL	£275,000	£130,913	-£144,087	24 Aug 2018	07 May 2024	2083 Days
23 Stokesay Avenue, Wolverhampton, Staffordshire, WV6 7RS	£325,000	£320,000	-£5,000	29 Nov 2023	12 Apr 2024	135 Days
17 Bowen Cooke Avenue, Perton, Wolverhampton, Staffordshire, WV6 7YG	£205,000	£204,000	-£1,000	06 Dec 2023	11 Apr 2024	127 Days
5 Sandown Drive, Perton, Wolverhampton, Staffordshire, WV6 7PS	£235,000	£221,500	-£13,500	19 Jul 2023	25 Mar 2024	250 Days
4 Sunningdale Avenue, Perton, Wolverhampton, Staffordshire, WV6 7YR	£350,000	£344,000	-£6,000	15 Aug 2023	25 Mar 2024	223 Days
5 Nash Avenue, Wolverhampton, Staffordshire, WV6 7SS	£320,000	£320,000	£00	02 Sep 2023	11 Mar 2024	191 Days
31 Cornmill Grove, Perton, Wolverhampton, Staffordshire, WV6 7XU	£380,000	£371,500	-£8,500	09 Oct 2023	06 Mar 2024	149 Days
15 Dean Court, Perton, Wolverhampton, Staffordshire, WV6 7YF	£140,000	£138,000	-£2,000	20 Jun 2023	23 Feb 2024	248 Days
4 Gainsborough Drive, Wolverhampton, Staffordshire, WV6 7NR	£140,000	£130,000	-£10,000	25 Oct 2023	13 Feb 2024	111 Days
33 Hamble Grove, Perton, Wolverhampton, Staffordshire, WV6 7QW	£195,000	£190,000	-£5,000	19 Oct 2023	09 Feb 2024	113 Days
1 Roundway Down, Wolverhampton, Staffordshire, WV6 7SX	£310,000	£300,000	-£10,000	26 Oct 2023	26 Jan 2024	92 Days
5 Edward Road, Perton, Wolverhampton, Staffordshire, WV6 7NA	£270,000	£270,000	£00	02 Aug 2023	25 Jan 2024	176 Days
53 Canterbury Drive, Perton, Wolverhampton, Staffordshire, WV6 7XB	£70,000	£64,000	-£6,000	19 Jul 2023	24 Jan 2024	189 Days
8 Penda Grove, Perton, Wolverhampton, Staffordshire, WV6 7NW	£268,000	£253,000	-£15,000	28 Jul 2023	20 Dec 2023	145 Days
4 Livingstone Avenue, Perton, Wolverhampton, Staffordshire, WV6 7TF	£195,000	£188,500	-£6,500	26 Aug 2023	20 Dec 2023	116 Days
8 Livingstone Avenue, Perton, Wolverhampton, Staffordshire, WV6 7TF	£240,000	£230,000	-£10,000	03 Aug 2023	20 Dec 2023	139 Days

Most Expensive Streets in Perton

Postcode	Street	Area	Average	No. of Sales
WV6 7YY	Lytham Road	Perton	£389,416	6
WV6 7RD	Wentworth Grove	Perton	£380,000	8
WV6 7RE	Turnberry Close	Wolverhampton	£359,866	3
WV6 7UL	Goodrich Avenue	Perton	£344,983	3
WV6 7TP	Wykeham Grove	Wolverhampton	£340,375	4
WV6 7XY	Meadow Croft	Perton	£330,625	4
WV6 7TU	Leasowe Drive	Perton	£330,000	4
WV6 7TD	Repton Avenue	Wolverhampton	£327,333	3
WV6 7SX	Roundway Down	Wolverhampton	£320,375	4
WV6 7TL	Hawksmoor Drive	Perton	£317,833	6

Least Expensive Streets in Perton

Postcode	Street	Area	Average	No. of Sales
WV6 7XT	Elgin Court	Wolverhampton	£62,199	5
WV6 7XR	Jedburgh Avenue	Wolverhampton	£95,166	6
WV6 7UY	Bader Road	Wolverhampton	£99,750	8
WV6 7TG	Stanley Court	Perton	£120,000	3
WV6 7XB	Canterbury Drive	Perton	£120,500	6
WV6 7XQ	Melrose Drive	Wolverhampton	£129,611	9
WV6 7YF	Dean Court	Perton	£133,700	5
WV6 7XE	Worcester Grove	Perton	£139,900	5
WV6 7PW	Grasmere Avenue	Perton	£150,214	7
WV6 7NX	Lowry Close	Wolverhampton	£151,580	4